Gulf Air pay and conditions?
Join Date: Mar 2002
Location: Belgium
Posts: 19
Likes: 0
Received 0 Likes
on
0 Posts
Troubled Middle Eastern airline Gulf Air is awaiting confirmation from two of its shareholders that they will provide extra cash to help rescue the carrier following a downturn in business since 11 September. The governments of both Qatar and Oman failed to respond by a 30 April deadline set by the Gulf Air board for an emergency cash injection of $258 million. The other two major shareholders, Abu Dhabi and Bahrain, have already agreed support.
Abu Dhabi and Bahrain are the main hubs for Gulf Air - the region's oldest airline - and have provided the most financial support for the airline's growth. Over the past decade, Oman Air and Qatar Airways have developed as national carriers for the other two shareholders, and analysts in the region believe there is greater government support for these carriers than for Gulf Air.
Bahrain's prime minister Sheikh Khalifa bin Salman al Khalifa has been quoted by official news agency BNA as being firmly committed to the survival of Gulf Air. He told the Bahrain cabinet on 28 April that the carrier represented "a symbol of co-operation and solidarity among member states of the Gulf Co-operation Council", which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
The carrier has already had a $160 million cash bail-out from the shareholders since 11 September, and has called in consultants Simat Helliesen & Eichner to look at cost-cutting and restructuring. Local sources say that almost 500 staff will be laid off as part of the proposed changes, although Gulf Air will not confirm this.
(FlightInternational, 7 May 2002)
Abu Dhabi and Bahrain are the main hubs for Gulf Air - the region's oldest airline - and have provided the most financial support for the airline's growth. Over the past decade, Oman Air and Qatar Airways have developed as national carriers for the other two shareholders, and analysts in the region believe there is greater government support for these carriers than for Gulf Air.
Bahrain's prime minister Sheikh Khalifa bin Salman al Khalifa has been quoted by official news agency BNA as being firmly committed to the survival of Gulf Air. He told the Bahrain cabinet on 28 April that the carrier represented "a symbol of co-operation and solidarity among member states of the Gulf Co-operation Council", which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
The carrier has already had a $160 million cash bail-out from the shareholders since 11 September, and has called in consultants Simat Helliesen & Eichner to look at cost-cutting and restructuring. Local sources say that almost 500 staff will be laid off as part of the proposed changes, although Gulf Air will not confirm this.
(FlightInternational, 7 May 2002)
Join Date: Sep 2000
Posts: 7
Likes: 0
Received 0 Likes
on
0 Posts
"a symbol of co-operation and solidarity among member states of the Gulf Co-operation Council"....there are no such words in the Arab dictionary!
Gulf Air's till has been robbed for years and unfortunately will probably become a small regional carrier.
Gulf Air's till has been robbed for years and unfortunately will probably become a small regional carrier.
Join Date: Mar 2002
Location: Belgium
Posts: 19
Likes: 0
Received 0 Likes
on
0 Posts
I do not think so.
Apparently SH&E are quit capable, together with the new CEO Hogan, to clean up the mess and start an semi-new carrier!
I have been told certain parts of the new business plan and it sure looks all right to me.
GF should have been the biggest carrier in the ME, maybe this is their chance to make that come true!
I hope this restructuration will be like a hurricane rushing through
the HQs......GF needs that!
Payscale:
F/O +/- 1200BD
Flat rate 75 hours (A320)
average shedule 65 hours (A320)
Apparently SH&E are quit capable, together with the new CEO Hogan, to clean up the mess and start an semi-new carrier!
I have been told certain parts of the new business plan and it sure looks all right to me.
GF should have been the biggest carrier in the ME, maybe this is their chance to make that come true!
I hope this restructuration will be like a hurricane rushing through
the HQs......GF needs that!
Payscale:
F/O +/- 1200BD
Flat rate 75 hours (A320)
average shedule 65 hours (A320)
Last edited by kimmeke; 25th May 2002 at 13:02.
Join Date: May 2002
Location: Courchevel
Posts: 848
Likes: 0
Received 0 Likes
on
0 Posts
What are the pay details for Captains on A320 and can you progress onto A330 etc. at a later stage or is that fleet sewn up by locals? Surely somebody knows the answer...
Thanks in advance, The Count
Thanks in advance, The Count